Question: Lemon Tree Inc. has gatherd the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.41/lb.) Actual direct materials

Lemon Tree Inc. has gatherd the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.41/lb.) Actual direct materials purchased Actual Direct Materials Used (AQU) Actual Price (AP) paid per pound How much is the direct materials price variance? $1.23 per finished good 38,000 pounds 22,000 pounds $0.59 OA. $3,960 favorable B. $6,840 favorable C. $6,840 unfavorable D. $3,960 unfavorable

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